Winning the audit requires the taxpayer to prepare for the audit. Good preparation is more than simply gathering the documents demanded by the IRS Revenue Agent. Identification of the tax law issues and factual areas of contention require the experience and knowledge of a tax attorney. Even if the return was prepared by a CPA or professional accountant, the approach of the tax attorney is to advocate for the taxpayer. Immediately, arrange for an initial consultation to prepare for the audit.
Consult with a TAX LAWYER before you talk to the IRS!
Tax Professionals
Tax Attorneys are the most educated
professionals in the tax field. As a lawyer, a tax attorney earns a
Bachelor's degree, then a Juris Doctor or Doctor of Law (J.D.) from
a Law School. After taking the rigorous Bar Examination, and
being admitted by the State Supreme Court to the Practice of
Law, typically, the tax lawyer pursues further academic study and
writes a thesis to earn a Master of Laws in Taxation, known as the
LL.M.(Tax). Lawyers are comfortable advocating for their clients with the IRS.
Lawyers are not afraid of taking adversarial positions and filing
the necessary appeals (including representation in the US Tax Court and
US Court of Claims.) IRS Revenue Agents know the training and knowledge
of the tax attorney.
Certified Public Accountants, CPAs, have
earned a Bachelor's degree and have taken an exam to become Certified.
Most CPAs are not specialists in the field of tax law or tax accounting
even though they may prepare returns. CPAs typically assist taxpayers and
businesses with bookkeeping, accounting issues, and "number crunching."
Public Accountants, PAs, frequently
have a Bachelor's degree or some other training in accounting. They have
not otherwise qualified to become a CPA. Many public accountants came to
the accounting field based upon special training in a company or industry.
Enrolled Agents, EAs, are usually
retired IRS employees permitted by the IRS represent taxpayers.
Tax Return Preparers are frequently part-time
seasonal workers preparing individual tax returns.
Consult with a TAX LAWYER before you talk to the IRS!
Don't Overpay the Government!
IRS Tax Collection Procedures
Internal Revenue Service Revenue Officers have many techniques to collect money from taxpayers. Tax collection techniques by the I.R.S. include Liens, Levies and Seizures.
• A Federal (I.R.S.) Tax Lien is a written notice filed with the county similarly to a deed or mortgage. This gives public notice of the taxes due and comes before any later liens, judgments or sales. For example, if a homeowner tried to get an home equity mortgage line of credit after a US tax lien has been filed, the bank would deny the loan because the IRS tax lien comes first.
• A Tax Levy is a written document commanding a bank or other debtor to pay money owed by the taxpayer to the IRS to cover taxes due. For example, the IRS could levy a taxpayer's bank account and the bank would be forced to pay over the money in the account up to the amount of the taxes. Another example is a levy (execution) against wages where the taxpayer's employer must pay over most of the wages or salary of the employee each pay period.
• A Tax Seizure is where the IRS Revenue Officer will take ("seize") assets of the taxpayer to pay the taxes claimed to be due to the US Treasury. Such seizures are typically automobiles, high-value tools, art-works, furniture, jewelry and anything owned by the taxpayer.
The IRS and state tax employees will continue to levy on the money and seize the assets of taxpayers to pay taxes unless they are stopped!
Call
Ronald J. Cappuccio, J.D., LL.M.(Tax),
Counsellor at Law
at
(856) 665-2121 or E-Mail
Ronald J. Cappuccio, J.D., LL.M.(Tax)
Consult with a TAX LAWYER before you talk to the IRS!
© Copyright 2000 All Rights Reserved
Ronald J. Cappuccio, J.D., LL.M.(Tax) Counsellor at Law
1800 Chapel Avenue West, Cherry Hill, New Jersey 08002 (856) 665-2121